Tom Scannapieco is standing in the penthouse suite of 500 Walnut, his latest addition to the tippy-top of Philadelphia’s real estate market. The building is still under construction and the walls are a raw grey concrete. Caches of tools and building materials lie scattered about the huge room. Men from seemingly every building trade union in the city, and South Jersey besides, swarm almost every floor of the 26-story building.

Scannapieco Development Corporation invited guests to the 500 Walnut Topping-Off Ceremony on March 23, 2017. The celebration included lunch from Day by Day Catering, entertainment from a four-piece fife and drum band, an appearance and speech from “Thomas Jefferson,” and remarks from project developer, Tom Scannapieco, builder Will Schwartz, project architect, Cecil Baker, and Mayor Jim Kenney.

More than two dozen calls came to developer Tom Scannapieco’s cellphone — from across the city, the country, even from Zurich. “Is it true?” the callers asked. “Did Beyoncé and Jay-Z really buy your penthouse?”

The soon-to-be-opened residential luxury apartment tower 500 Walnut, located in Philadelphia, will be home to the first wireless induction charging system for electric vehicles in a residential building in the US, following the beginning of occupancy in early 2017, according to an email sent to CleanTechnica.

Developer Tom Scannapieco said Thursday that he had an agreement of sale for the penthouse at his ultra-luxury 500 Walnut tower overlooking Independence Square. The price: a Philadelphia record $17.85 million.

A local developer says it has set a new record with the sale of a Philadelphia penthouse. Scannapieco Development Corporation says the property at 500 Walnut in Society Hill is now under an agreement of sale for $17.8 million, the highest price for a residence in the city’s history.

Developer Tom Scannapieco has redefined the upper end of the city’s real estate market. A group of architects in town for the AIA convention heard him and architect Cecil Baker explain his latest project.

As if pulling into a single-family suburban home, residents of Philadelphia’s 500 Walnut high-rise will drive into a street-level, single-car garage and park. While they are in the elevator going up to their unit, the car will lower through the floor of the garage, and an automated robotic system will move it to its designated […]

500 Walnut, the ultra-luxurious 26-story tower behind Independence Hall, has officially broke ground, and will be welcoming its first occupants in spring 2017. And now we’re just going to sit around twiddling our thumbs until the pinnacle of Philadelphian opulence gets built and someone’s rich aunt invites us over.

A new ultra-luxury apartment building is going up in Center City Philadelphia and with the historic view will come a steep price tag. 500 Walnut is a worksite now, but in two years it is expected to be a 26 story tower with a commanding view of the Cradle of Liberty.

Tom Scannapieco is a little more confident going into the construction of 500 Walnut than he was in building 1706 Rittenhouse Square. Both are high-end residential projects but as clichéd as it is, his timing appears to be just right with 500 Walnut.

What do you do with a prized piece of land nestled just south of the most historic square-mile in the entire country? Well, if you’re developer Tom Scannapieco, you aim to build a residential tower with bells and whistles (and views) that this city has never seen.

Developer Tom Scannapieco has spent his career surrounded by skeptics — or his career since 1974, at least, when the self-described “urban pioneer” bought property near Spring Garden and created the Wallace Court Condominiums.

Historic Philadelphia will welcome a dramatic addition to its cobblestone streets and lush, tree-lined spaces come 2017. That’s when 500 Walnut – a 26-story glass “needle” ultra-luxury condominium project that is the latest from the Scannapieco Development Corporation, will open its doors. The most significant buildings of America’s past will be married with a towering […]